Palantir (PLTR) Delivers Another 'Drop-the-Mic' Quarter, Wedbush Says

Palantir Technologies Inc. (NASDAQ:PLTR) is one of the 10 AI Stocks Analysts Are Watching. On February 3, Wedbush analyst Dan Ives reiterated an Outperform rating on the stock with a $230.00 price target. The firm applauded PLTR for a “drop the mic” quarter, seeing it lead the AI revolution with unmatched AIP moat.

Palantir reported its FY4Q25 earnings yesterday, beating Wall Street’s estimates amid rising spending on AI tools from governments and businesses. The company reported $1.41 billion in revenue, ahead of LSEG estimates of $1.33 billion.

According to CEO Alex Karp, Palantir’s earnings were the best results that he is aware of in tech in the last decade. Webush noted how PLTR delivered another robust drop the mic quarter of beats across the board. Looking ahead, it provided FY26 guidance that exceeded Street estimates.

“Palantir reported its FY4Q25 results featuring yet another strong drop the mic quarter of beats across the board while providing FY26 guidance that exceeded Street estimates as the company’s AIP continues to accelerate with US Commercial remaining a core driver of growth. We maintain our OUTPERFORM rating and $230 price target as Palantir is helping lead the AI Revolution into the use case phase as its AIP product moat is unmatched in our view.”

Palantir Technologies Inc. (NASDAQ:PLTR) is a leading provider of artificial intelligence systems.

While we acknowledge the potential of PLTR as an investment, we believe certain AI stocks offer greater upside potential and carry less downside risk. If you’re looking for an extremely undervalued AI stock that also stands to benefit significantly from Trump-era tariffs and the onshoring trend, see our free report on the best short-term AI stock.

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Disclosure: None. This article is originally published at Insider Monkey.